kesting ventures® corp. 1 kvc knowledge planning market value system modules and programs
TRANSCRIPT
Kesting Ventures® Corp. 1
KVC Knowledge Planning
Market Value System Modules and Programs
Kesting Ventures® Corp. 2
KVC Mission
Our mission is to provide clients with tools that increase the long term effectiveness and productivity of R&D, sales, marketing, manufacturing, business and commercial development professionals.
Each program is conducted by an experienced executive, who trains assigned managers while completing an important project.
Kesting Ventures® Corp. 3
Technology
Most companies have unique technology and know-how.
Technology and know-how are tools to produce properties.
The MV System points out, the markets in which a
company can expect to secure a sustainable advantage,
how a company can use its technology and know-how to build a significant business.
Kesting Ventures® Corp. 4
Knowledge Planning Tools
The Market Value System Experiential Modeling Mathematical Knowledge Blocks Rank Order Equation Managerial Accounting
Kesting Ventures® Corp. 5
KVC’s Knowledge System
Knowledge
Blocks
StrategicPlan
Launch
BusinessBlueprints
Operations
Market
Kesting Ventures® Corp. 6
Data, Discourse, Documentation
DOCUMENT Background Research and Identification of the Problem to Be Solved.
DISCOURSE Teams Use Experiential Modeling
DATA INPUT Structured Problem Solving Sessions DOCUMENT
Data, Session Minutes, and Analysis
DATA Analysis Correlate Views with DATA
Kesting Ventures® Corp. 7
Micro/Macro Visioning
Kesting Ventures® Corp. 8
The Market Value System
Knowledge blocks linked together to explain the functional and economic value contributed by all players in a market value chain.
Modules include: review of background material, comprehensive glossaries and other briefing
documents, templates, training, 2-day experiential modeling session, a written report, and computer disks.
Kesting Ventures® Corp. 9
The Theory of The Market Value System
All ‘buy’ decisions are based on a combination of:
INFLUENCE
ECONOMICS
PERFORMANCE
Kesting Ventures® Corp. 10
The Market Value System Components
PERFORMANCE
The functional attributes of the customer’s product.Glossaries and Templates are required.
Kesting Ventures® Corp. 11
TechnoMarket Performance (TMP) Value Profile
0%
10%
20%
30%
40%
50%
TMP800 TMP900 TMP1000 TMP1100 TMP1200 TMP1300
1997 2000
Red bars connote the property level in 1997
Green bars show that the market will require >20% more properties by the year 2000.
CopyrightKesting Ventures Corp.
THE PUZZLETHE PUZZLE
Conceptual slide showing howall properties must be linkedtogether to reveal gaps.
1
2 3
4
5
Kesting Ventures® Corp. 13
The Market Value System Components
ECONOMICS
A ratio based on cost of customers’ product divided by customer’s overall objectives.Required for economic value pricing.
Kesting Ventures® Corp. 14
Economics Ratio versus Time
0.000
0.200
0.400
0.600
0.800
1.000
1.200
1.400
Year 0 Year 1 Year 2 Year 3 Year 4 Year 5
E Ratio
Kesting Ventures® Corp. 15
The Market Value System Components
INFLUENCE
All other factors (motivational, external and market change forces, specifications, alliances and end-product goals.)
Kesting Ventures® Corp. 16
How are Market Value Components determined?
KVC designs the structure of each component KVC writes briefing documents concerning
internal and external information The components of the MV Equation are
based on expert team judgment of factors throughout the entire market chain
The market value equation correlates with market share and profitability
Kesting Ventures® Corp. 17
The Market Value System tells you:
How each player in the market value chain makes buy decisions
The contribution of each player in the market value chain to TMP and Economic Value
Where the opportunities are for innovation within strategic markets
Which product improvements the market will value... and to what degree
How to ensure that your profitability at least equals your contribution to market value
Kesting Ventures® Corp. 18
What are Knowledge Blocks?
Knowledge blocks are multi-page spreadsheets which correlate value judgments about the properties of product (or service), economic value and influence with market share, pricing and other market and financial parameters.
Knowledge blocks contain supporting evidence, glossaries and use instructions.
Kesting Ventures® Corp. 19
Information is not Knowledge
Knowledge Blocksbelong to people,are clearly written,are required to prove a concept,have at least 70% probability of truth,are based on valid experiences,fit market observations, andare accepted as true by a group.
Kesting Ventures® Corp. 20
Who creates the Knowledge Blocks?
A team of 8-12 of your most experienced management, marketing, sales and R&D people and/or an external panel
The team is led by a KVC Market Value Group Program Director
In addition, KVC will use external expert teams as needed to supplement or validate your judgments
Kesting Ventures® Corp. 21
How does the team create theKnowledge Blocks?
A knowledge block begins with an audit of all information, external literature, and competitive intelligence
The audit is conducted from the prospective of your customers, not from your position as a supplier
From the audit, KVC writes comprehensive glossaries and designs experiential modeling templates...
Kesting Ventures® Corp. 22
How does the team create Knowledge Blocks? (Cont'd)
The team contributes its experience and judgment on the properties of product (or service), economic value and influence
KVC processes the team’s input into finished, cumulative spreadsheets, representing the company’s best and most comprehensive knowledge of the market value system for the new business
You are now ready to prepare the Business Blueprint
Kesting Ventures® Corp. 23
The Business Blueprint
...includes all knowledge required to prove the success of a business.
...identifies customers who will place a continuing high value on the business’ products and/or services.
...explains the business’ sustainable advantage.
...points out tactical gaps and how to fill them. ...spells out required resources. ...describes expected financial results.
Kesting Ventures® Corp. 24
Deliverables
Strategy Meeting TMP Values Economic Ratios Influence MVS ISUM Financial Models Market Definition Business Blueprint Draft
Kesting Ventures® Corp. 25
Deliverables (Continued)
Technology Assessment Competitive Cost Assessment External Expert Panel Target Account Organizational Structure Product Development Review Field Training
Kesting Ventures® Corp. 26
The Market Value System
Knowledge blocks linked together to explain the functional and economic value contributed by all players in a market value chain.
Modules include: review of background material, comprehensive glossaries and other briefing
documents, templates, training, 2-day experiential modeling session, a written report, and computer disks.
Kesting Ventures® Corp. 27
Iterative Mechanism Connects With the Market
The objective is to see the market so clearly that you become the market.
Kesting Ventures® Corp. 28
Integral Components
The parts are integral to the whole.
The whole gives meaning to the parts.
Kesting Ventures® Corp. 29
Strategy Meeting Module
Comprehensive Review of Business Custom Agenda
Mission Statement New Product Plans Market Opportunities Technology Position Marketing Position Organizational Structure
Briefing Documents 2-Day Strategy Meeting Report
Kesting Ventures® Corp. 30
TMP Value Module
Comprehensive Review of Product Technology and Marketing Communication
TMP Value Glossary Template Design TMP Value Training 2-Day TMP Value Session Written Report Computer disks
Kesting Ventures® Corp. 31
Economic Value Module
Comprehensive Review of Market Value Chain Economic Value Glossary Template Design Economic Value Training 2-Day Economic Value Session Written Report Computer disks
Kesting Ventures® Corp. 32
Influence Module
Comprehensive Review of Market Value Chain Influence Glossary Template Design Influence Program Training 2-Day Influence Session Competitive Influence Assessment Written Report Computer disks
Kesting Ventures® Corp. 33
MVS Module
Market Value Equations Competitive Market Value Assessment 2-Day Strategy Development Target Account Program Strategy Sheets Written Report Computer disks
Kesting Ventures® Corp. 34
ISUM Financial Model Module
Comprehensive Review of Manufacturing Operations and Product Costs.
Managerial Accounting System Template Design
Trial Cash Flow Forecast ISUM Training Written Report Computer disks
Kesting Ventures® Corp. 35
Market Definition Module
Comprehensive Review of Market Data Rank Order Equation Market Segmentation Competitive Assessment History and Forecast 2-Day Market Definition Session Written Report Computer disks
Kesting Ventures® Corp. 36
Business Blueprint Draft Module
Requires Strategy Meeting TMP Values Economic Ratios Influence Assessment ISUM Financial Model Worldwide Market Definition
2-Day Meeting to Review Blueprint Blueprint Manual Slides
Kesting Ventures® Corp. 37
Technology Assessment Module
Comprehensive Review of Alternate Technologies
Expanded TMP Value Template Briefing Documents 2-Day Technology Assessment Session Written Report Computer disks
Kesting Ventures® Corp. 38
Competitive Cost Assessment Module
Comprehensive Review of Competitors’ Processes
Requires ISUM Models Briefing Documents 2-Day Competitive Cost Assessment Written Report Computer disks
Kesting Ventures® Corp. 39
External Experienced Panel Module
Requires Background Sessions $500 Honorariums Briefing Documents Templates 1-Day External Panel Session Written Report Computer disks
Kesting Ventures® Corp. 40
Target Account Module
Requires Background Sessions Prearranged Appointments Briefing Documents Templates MVS Strategy Session 2-Day Target Account Schedule Written Report Computer disks
Kesting Ventures® Corp. 41
Organizational Structure Module
Requires Business Blueprint Comprehensive Organization Review Position Descriptions Knowledge Based Planning 2-Day Organization Meeting Written Report Computer disks
Kesting Ventures® Corp. 42
Product Development Review Module
Requires TMP Values Comprehensive Technical Review Briefing Documents Template Design 2-Day Product Development Session Written Report Computer disks
Kesting Ventures® Corp. 43
Field Training Module
Requires Business Blueprint Commitment Prearranged Schedule Briefing Documents Templates 2-Day Field Training Session Follow-up Action Steps Written Report Computer disks